Mathematics, 17.04.2020 12:09, Mypasswordishotdog11

If the rate of inflation is 2.2% per year, the future price p(t) (in dollars) of a certain item can be modeled by the following exponential function, where I is the
number of years from today.
p(t) = 400(1.022)
Find the current price of the item and the price 10 years from today.
Round your answers to the nearest dollar as necessary.

Answers: 3

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 16:30, joel3410

Beth makes batches of bluberry muffins and banna muffins. each batchis 6 muffins. she makes 2.5 batches of bluberry muffins. how many batches of bananna muffins should beth make if she wants to have a total of 60 muffins?

Answers: 1

continue

Mathematics, 21.06.2019 22:00, quoia89

Alex took his brother to a birthday party. the party was scheduled to last for 1 and 3/4 hours but they stayed for 4/5 of an hour more. how long did she stay at the party?

Answers: 2

continue

Mathematics, 22.06.2019 00:50, katlyn10289

Margie is practicing for an upcoming tennis tournament. her first serve is good 20 out of 30 times on average. margie wants to know the estimated probability that her first serve will be good at least four of the next six times she serves. how could she design a simulation for this scenario?

Answers: 3

continue

Mathematics, 22.06.2019 01:00, redrhino27501

X² + 4y² = 36 the major axis runs along: a) y=4x b) x-axis c) y-axis

Answers: 3

continue

Do you know the correct answer?

If the rate of inflation is 2.2% per year, the future price p(t) (in dollars) of a certain item can...